Mom

100%
Mom has fully repaid her loan of £3,319.77

Amount requested:

£3,319.77

Repayment term:

36 months

Activity type:

Farming

Partner:

BORVOR

Loan description:

Mrs Rom is 32 and has three children. One is a toddler, the other two are at school. She and her husband already have three hectares of land on which they grow naturally irrigated, seasonal rice. Their present yield is consistently around four tons per hectare, and is supplemented by the rental of six more hectares from local villagers. The market easily supports this level of production. However, it is an expensive activity, costing $150 a hectare, and provides no capital benefit. To reduce rental costs, improve their overall profitability and create a long term asset, they wish to buy an extra hectare of naturally irrigated paddy. They expect to produce the same four tons per acre from this land, and be able to repay the loan from profits over 36 months.

Loan added: 26 February 2017

Mom's loan repayment schedule

Date Expected repayments Actual repayments
£301.80
£190.59
£83.84
£83.84
£83.84
£83.64
£83.84
£83.56
£83.84
£82.94
£83.84
£83.22
£83.84
£80.78

The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.

Supporters of Mom

South Ayrshire
Rob
United Kingdom
Angel
United Kingdom
United Kingdom
Anonymous
Oxfordshire
Derbyshire
Monmouthshire
Gary
Tyne & Wear
Angel
Terry
Bristol
Hampshire
Cambridgeshire
France
Martin
Derbyshie
South Gloucestershire
United Kingdom
United Kingdom
Leicestershire
Karl
North Lanarkshire
Gloucestershire
Nottingham
Essex
Cambridgeshire
Allan
Ayrshire
Derbyshire
East Riding of Yorkshire
Angel
United Kingdom
David
Cleveland
Martin
Warwickshire
Somerset
West Sussex
Barbara
United Kingdom
Yan
Berkshire
Bedfordshire
United Kingdom
Pakistan
Norfolk